China‘s Yuan
Argentine peso
Turkish Lira
Iran Rial….and now Ruble
The pain in emerging market currencies pic.twitter.com/GRQFM6v3xk
— Russian Market (@russian_market) August 8, 2018
Emerging Markets:
"The spreads of corporate bonds with the worst credit ratings in particular have hardly ever been as narrow as they are now. And spreads appear tight compared
to those of developed market corporate bonds of the same credit rating"John Higgins, Cap Economics pic.twitter.com/Juf4KyEebc
— Daniel Lacalle (@dlacalle_IA) August 8, 2018
Chart: Rapid-fire monetary easing in China; this is the 7-day interbank interest rate – pic.twitter.com/glvmSFWDF9
— (((The Daily Shot))) (@SoberLook) August 8, 2018
China. Not a word of it in the People's Daily. pic.twitter.com/nei0s2MUKg
— J Pierpont Morgan (@pierpont_morgan) August 8, 2018
Financial conditions are tightening – especially in #EmergingAsia which would be hit hard by potential #Tradewar pic.twitter.com/Y6HeIeJ0tm
— IIF (@IIF) August 7, 2018
A significant slowdown in China will have massive repercussions for the global economy. Fr PJ via WSJs TheDailyShot pic.twitter.com/f1VUhdjTko
— Stephen Blumenthal (@SBlumenthalCMG) August 8, 2018